Breaker

Breaker is a counter-trend indicator used to identify key turning points after an impulsing market move. Alone, this indicator has proven success. But when used in conjunction with Fuzzy Pivots, Dynamic Fibonacci Extensions, and MACD indicators, the additional confluence will give you the increase in confidence you need to anticipate ideal counter-trend entry points.

The image below shows the use of the indicator on 15Min ES chart:

(Click images to enlarge)

The following image is the same chart with Fuzzy Pivots and Dynamic Fibonacci Extensions:

Breaker and FuzzyPivots indicator parameter settings for the above chart: